How Islamic State uses Syria's oil to fuel its advances

September 18, 2014 5:12 PM

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AMMAN, Sept 18 (Reuters) - In an oil field in northeastern Syria, a queue of trucks lines up daily to load crude sold cheaply by Islamic State militants who have hijacked parts of the country's energy industry in their bid to build a caliphate.

Sales at Shadada field, described by an oil trader, are just one example of how the group, which has seized land in war-torn Syria and neighbouring Iraq, is creating its own economy through a series of pragmatic trades.